As online gambling is evolving, cryptocurrencies have come into their own and provide better security, speed and universal access. For online platforms like Betospin, adopting crypto payments is about prioritizing players’ needs, revolutionizing the online gaming experience, and providing seamless access.”. In this article, you’ll learn how crypto is revolutionizing online gambling and what Betospin’s […] Source CryptoX Portal
Tag: Crypto
United Kingdom to Introduce Regulation for Crypto in 2025
Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to regulate the cryptocurrency industry early next year, as the U.K. attempts to keep up with crypto […] Source CryptoX Portal
Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO
The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early next year amid anticipation that the company’s court-approved Chapter 11 Plan of Reorganization will be effective by early January 2025. “We are pleased to announce that we will begin distributing proceeds in early 2025. The timeline laid out reflects the experience and continued work of the team of professionals supporting the Debtors, who already have recovered…
Altcoins Shine as Crypto Economy Hits $3.29T: OM, XLM, ADA and XRP Drive the Frenzy
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range. From DOGE to XLM, Crypto Market Thrives As […] Source CryptoX Portal
Dogecoin Set To Skyrocket By Saturday, Warns Crypto Analyst
Este artículo también está disponible en español. Crypto analyst Kevin (@Kev_Capital_TA) has identified a bullish pennant formation in the 4-hour Dogecoin / USD price chart, indicating that a significant price movement could occur by this coming Saturday. In a post on X, Kevin remarks: “Dogecoin is now forming a more defined potential bullish pennant that has multiple touch points on each side with plenty of consolidation time. Something to keep an eye on folks.” Dogecoin Price Breakout By Saturday? The chart shared by Kevin illustrates a bull pennant pattern. A…
How to Talk About Crypto With Your Family This Thanksgiving
While POPCAT, BONK and MOODENG capture culture and community in ways that make insiders smile, the flip side is making our industry look a little delulu. When trying to get pension funds and family offices to allocate to crypto, it’s hard to argue the virtues of Fartcoin, no matter how many brussel sprouts you’ve eaten. The memecoin craze is fun but shouldn’t overshadow the real power of crypto to bring better, more efficient, more effective financial services to the world. It’s simple — for the 1.4 billion people shut out…
Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, […] Source CryptoX Portal
BTCTKVR: Privacy Magazine Makes Crypto Cypherpunk Again
PRESS RELEASE. As cryptocurrency adoption grows, the cypherpunk spirit appears to be fading. The crypto anarchists who started it all often find themselves outnumbered and have their voices drowned out by misguided speculators who are more than willing to surrender their privacy and sovereignty in exchange for some price pumps. However, these cypherpunk principles are […] Source BitcoincryptoexchangeExchanges CryptoX Portal
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.’s long awaited crypto rules are coming. Source
ETH scams linked to Japanese crypto exchanges drop 69% in H1 2024
Illicit crypto inflows from Japanese exchanges have dropped in 2024, with ETH scams recording a 69% decline, data shows. Crypto fraud and scam activity linked to Japanese crypto exchanges dropped significantly in the first half of 2024, according to data from blockchain analytics firm Chainalysis. Reported inflows to clusters identified as scams saw a 69% decline in Ethereum (ETH) and a nearly 50% drop in Bitcoin (BTC) compared to 2023 figures. In 2023, Japanese exchanges facilitated inflows of $44.6 million in ETH and $11 million in BTC tied to scams.…